Why is parent income taken into account for many post-secondary education financial assistance programs?

Question

Just because you have wealthy parents doesn’t mean that you have access to that money. To me it would make more sense to only take into account the amount of money they are putting towards your education.

In: Other

Answer 1

I was 27 years old, a junior. Applied for a scholarship. They wanted to know about parents income. I hadn’t seen them for years, didn’t know where they were.